Source One Round Up: March 11, 2016

Here's a look at where Source One experts have been featured this week!

NEW BLOGS:

Continuous Cost Reduction for Direct MaterialsDespite being often overlooked, there are a number of best practices organizations within the manufacturing industry can implement to achieve ongoing cost-reductio. This week, Source One Project Manager Ken Ballard explores three techniques for achieving continuous cost reduction: leveraging economies of scale, streamlining transactional and manufacturing processes, and decoupling value added services.

Yes, sourcing direct materials such as engineered products can be challenging, especially when it comes to navigating detailed specifications and requirements. However, throughout each step of the sourcing process there are actions you can take to remove some of that complexity. Source One's Project Manager and Engineering Subject Matter expert provides his advice for simplifying the sourcing process, including how bid packages should be prepared, effectively manage supplier relationships, and how to properly validate and assess bids.

NEW PODCASTS:Countdown to ISM2016 Podcast SeriesAs Diamond Sponsors of ISM2016, we're gearing up for three days of supply management learning and networking during the premier supply chain event of the year. With just two short months to go, we're counting down to ISM2016 with a new podcast series. Each week, catch a new podcast brought to you by one of our strategic sourcing and cost reduction experts. Listen now to:

Strategic Sourceror

StrategicSourceror.com is a leading industry blog that focuses on providing news, tips, and best practices for a variety of procurement, supply chain, and strategic sourcing categories.

This site is owned and operated by Source One Management Services, LLC; the leading consultancy providing strategic sourcing resources, procurement advisory consulting and procurement support services to hundreds of companies.

Continue to visit StrategicSourceror for your supply chain and procurement news and to see the latest tips, advise, and rants from the analysts, consultants, and category managers from Source One.

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About Source One

Source One Management Services, LLC is a leading procurement services provider. Since 1992, Source One has been providing companies in all industries with sourcing services including BPO, Benchmarking, Spend Analysis, Category Support, and RFX Management.